India’s Banking Crisis

IndusInd disclosed in March accounting discrepancies in its derivatives portfolio whose impact roughly equated to an entire quarter's profits

Its net interest margin (NIM) improved to 3.15 per cent in Q2FY23 from 2.95 per cent in Q2FY2

There are many details about the bad bank that policy makers haven't clarified, including its ownership structure, which makes any analysis challenging

The firm will hold problem loans for banks, which can then be sold on to investors at a reduced price, according to plans outlined by Finance Minister Nirmala Sitharaman in a budget speech on Monday

Here's a look at the full extent of India's bad loan problem in selected financiers

Rocked by the shadow-banking crisis in India, KKR's local credit unit lost $207 million in the final nine months of 2019, wiping out nearly 40 per cent of its capital

The loan book shrunk by 2.7 per cent in six months, when compared to outstanding loans of Rs 1,71,443 crore at end of March 2020

Beyond perking up the economy, the RBI needs to ensure proper functioning of the bond market, the credit market and the larger financial system

The revised rescue plan for YES Bank looks better but it remains to be seen if it will be adequate to repair the damage done to confidence in the bank

The most important post-mortem required after the YES Bank crisis is about flawed incentives of bankers and officials

India's banking crisis, household expenditure at the time of natural disasters to mass surveillance are some of the topics our opinion writers tackle

The potential write-off would place an additional burden on Indian banks already struggling with $130 billion of bad loans, one of the highest levels in the world

Without bold action to deal with India's banking crisis, count on the economy's doldrums to continue for much longer than most of us anticipate

In an interview with Somesh Jha, Rao spoke about the road map of the amalgamation and how the corporate tax cut and repo rate-linked products will impact the finances of banks

The failure to slash stressed assets is undermining India's efforts to revive economic growth that has cooled to a six-year low

A significant portion of the capital provided would be tied up in boosting core capital and provisioning against bad debts which would limit the ability of bankers to lend

Lately, India's banking system has been beset by a bad debt crisis, which is crimping credit to productive sectors, dampening domestic investment and leading to subdued employment and GDP growth

Amid increasingly vocal concerns over an economic slowdown, PM Modi sought to ease fears and reassure India Inc and the world about India's growth story in an interview with a financial daily

Recycling assets - selling brownfield projects and investing the proceeds in greenfield projects - is India's best bet for growth revival

By increasing the pace of bank licensing and inducing competition in the sector, the RBI can begin the process of much-needed reform while avoiding political interference